Western Canada’s summertime gas glut
Pipeline maintenance is restricting routes to market, leading some producers to shut in production as prices fall
Gas prices have been hitting record highs everywhere since Russia’s invasion of Ukraine, with Western Canada the notable exception. In a pattern repeated since 2017, prices have been weak in the region since spring, even going negative on occasion at key pricing points in Alberta and British Columbia (BC), and leading producers to shut in gas production in recent months. Barring government intervention, this summertime weakness in gas prices could persist until the first phase of the Shell-led LNG Canada export project comes online in 2025, according to Martin King, senior analyst at Houston-based consultancy RBN Energy. Summertime blues “The summers of 2017, 2018, 2019, a little in 2021, an

Also in this section
30 May 2025
Energy majors argue transition debate has started to factor in the complexities of demand shifts and the wider role for gas
29 May 2025
Sovereignty is the watchword for the new government, but there are still upstream opportunities for those willing to work closely with the state
29 May 2025
A cautious approach to coal-to-gas switching offers lessons to others who are looking to balance cost with cleaner energy
28 May 2025
The country may have the resources, but sanctions and a lack of market access make its gas ambitions look very questionable